According to www.ThanhnienNews.com Samsung Electronics, the global leader in smartphones, is well on its way to expand its factories in Vietnam so that made-in-Vietnam mobile devices will account for 50 percent of its global sales of smartphones.
At present, the company has two factories in northern Vietnam, a US$2.5-billion plant in Bac Ninh Province and a $1.2-billion plant in Thai Nguyen Province.
Its biggest mobile phone manufacturing factory in the world, the Bac Ninh plant has produced 35 percent of Galaxy smartphones sold globally, Samsung Electronics Vietnam said, according to www.ThanhnienNews.com
The plant also manufactures other products like tablets. The Thai Nguyen manufacturing plant, which went into operation in March 2014, has the designed capacity of 100 million products per year.
Leading the Smartphone Race
Whether it is product innovation or unique feature sets, Korean electronics major Samsung is well ahead of its closest competition in the global smartphone race.
As of today, Samsung’s mobile sales are gigantic. Samsung has shipped 89 million smartphones in the first three months of the year, giving the company 31 percent of the global market, according to market research firm Strategy Analytics.
While that market share is down a bit from its 32 percent a year ago, the company is still far ahead of its closest competition, Apple Inc, which had 15 percent market share after shipping 43.7 million iPhones on global turf.